Chipotle is an established name in the fast-casual sector in the USA. The concept of fast service and comparatively fresh ingredients is well received by many customers. In the long term, there is still plenty of potential for growth, especially in Europe, where Chipotle has hardly been represented to date.
Nevertheless, the share price has halved since its high of around USD 58 to around USD 29. The reason: the existing restaurants are currently hardly growing at all. In 2025, comparable sales fell, mainly because fewer customers came. At the same time, higher costs for food, logistics and staff weighed on profits.
In addition, the share was previously valued very expensively. When the management held out little prospect of growth for 2026, the stock market reacted accordingly. The valuation is now much more reasonable again.
The major European expansion will also be a long time coming. Chipotle is initially concentrating on further growth in the USA.
Conclusion: No great leaps are to be expected in the short term. However, anyone who believes in the business model in the long term will find a much more attractive entry opportunity after the share price fall than a few years ago.